PayPal Is Looking to Acquire Crypto Companies, Namely BitGo
On Wednesday, PayPal shocked the crypto industry when it revealed that it would be directly supporting digital assets
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companies
Bitcoin Held By Public Companies Now On Par With Past Market Cap
The Bitcoin market cap is hovering at roughly $211 billion currently, but four years earlier, it was a
Read MoreNew Zeland’s tax authority grills companies for info on crypto users
New Zealand businesses must now submit information on their clients' digit asset usage to the country's tax regulator, the Inland Revenue Department, or IRD. The governing body said it wants to get a better grasp on the crypto scene in the country and determine an applicable tax framework for the asset class,
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Kraken Shows How Crypto Companies and Banks Are Evolving Together
Some say that meaningful change happens gradually. Others insist it erupts unexpectedly. This week, we saw that both are true. Earlier this week, the Wyoming Banking Board voted to approve the application from San Francisco-based crypto exchange Kraken for a Special Purpose Depositary Institution (SPDI) banking charter. Yes, one of the
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How Zombie Companies Are Robbing Tomorrow’s Economy
The percentage of companies that can’t afford to pay the interest on their debt has reached a new all-time high in the wake of central bank intervention. Our main discussion: The rise of zombie firms.A zombie firm is a company that can’t afford to service its debt from operating income. These
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Swiss blockchain group formed to encourage new blockchain companies
A new group seeking to promote research and support blockchain firms has been formed.The Ticino Blockchain Technologies Association was launched with the participation of the University of Southern Switzerland, also known as the Università della Svizzera Italiana (USI), and the University of Applied Sciences and Arts of Southern Switzerland (SUPSI). The
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European Crypto Tax Companies Announce Merger to Power US Expansion
The merger means Blockpit and Crypto Tax can look at taking their newly combined regtech offering to the lucrative U.S. market Source
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Blockchain Technology to Play Key Role for Fintech Companies in Australia
With the prior involvement of Australia with blockchain and cryptocurrencies, recommendations and probable impact of the formulated fintech and regtech industries will only complement the growth of the crypto sphere.The place of blockchain technology as a tool to drive the growth of Fintech and Regtechs has been highlighted in Australia’s
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Buffett’s Berkshire Hathaway Buys 5% Stake in Japanese Companies
Berkshire Hathaway chairman and CEO Warren Buffett announced that his company has purchased a 5% stake in five Japanese trading companies: Itochu, Marubeni, Mitsubishi, Mitsui & Co, and Sumitomo.As the investors, countries and global economy prepare for post-COVID-19 era, Berkshire Hathaway Inc (NYSE: BRK.A), led by Warren Buffett has been
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Bitcoin Scaling Tech Could Have Saved Companies and Users $500M in Fees: Report
A new study from Bitcoin startup Veriphi finds companies and users sending bitcoin transactions could have saved more than half a billion dollars in fees if all companies, including wallets and exchanges, had used the most up-to-date technology. Each bitcoin transaction has an optional fee tacked on. Users have the ability
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